Arun S. Chopra CFA CMT🧐 Profile picture
Oxford Econ, MBA Stern. Ranked top 15 Twitter technical accounts, Business Insider. Indie film producer (Sundance ’06, LAIFF ’16). 90’s trained, Behavioralist.

Jun 8, 2022, 32 tweets

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RSI divergence, morphed into an H&S on the divergent high, ST trendline broken now as well.

round figure + invasion gap

🥃🥃👀

☕️☕️☕️🫠🥃

Update on the gasoline thread. Basically the RSI divergences have hit all assets one by one since the market started tightening in '21.

$2.80+ is clearly the next level on gasoline, which is also about where the war spike began. Note price had trended higher into that move.

Sub 3 👍

Step back on gasoline. Another inflection. ETF on left, continuous on right. I tend to know what's happening with each. Cancel out pandemic panic low, clear trendlines in play. Arguably has been biggest bull input last 6 weeks.

Always amazed how perfectly technical something can trade when the crowd is on the other side of the boat etc.

$UGA breaking 200 dma as well

☕️👀🥃

Little early on that flag but still seems in play. Note RSI jumped over 50 for couple days max.

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